Note 7 - Stock Option and Stock Plans

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements

Share-based Compensation, Option and Incentive Plans, Director Policy [Policy Text Block]

7. Stock Option and Stock Plans

Stock Plans *	Issue Date Range	Total Shares Authorized		Shares Issued		Shares Remaining
2008 Stock Incentive Plan	5/23/08 – 10/11/11		600,000		463,420		136,580
2008 Executive Officers Compensatory Stock Plan	7/10/08 – 9/17/08		200,000		51,563		148,437
2008 Amended and Restated Directors, Officers and Consultants Stock Purchase Plan	10/22/08 – 8/3/11		8,000,000		7,766,791		233,209
2009 Consultants Stock Grant Plan	7/13/09 – 10/31/09		100,000		50,000		50,000
Non Stock Plan Issuances	6/2/08 – 3/12/10		929,562		205,863		723,699

Stock Option Plans *	Issue Date Range	Total Options Authorized**		Options Issued		Options Remaining
2009A Officers, Directors, Employees and Consultants Nonqualified Stock Option Plan ***	04/30/09 – 3/8/11		20,000,000		3,050,000		16,950,000
Non Stock Option Plan Issuances	06/30/08 – 12/16/08		1,056,912		1,056,912		0

*       The Board of Directors has approved all stock, stock option and stock warrant issuances.

**     One option reserves one share of common stock.

***  This plan replaces and supersedes in their entirety the Company’s Outside director and Advisor Stock Option Plan, as amended and restated as of May 11, 1999; the Company’s 1996 Employee’s Stock Option Plan, as amended and restated as of May 11, 1999; and the Company’s First Amended 2006 Employee’s Stock Option and Stock Bonus Plan; provided however, that options already issued and outstanding under said superseded plans shall continue to be outstanding and exercisable in accordance with their terms, as such may have been extended or re-priced from time to time, and the terms of any applicable option agreements entered into between the Company and the Optionee.